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EU Exit

Transitioning the UK's exit from the European Union

Leaving the EU will mean most UK businesses should expect change following the transition period. The Growth Hub is here to guide you through whatever lies ahead. There will be new arrangements and changes in law. If you are unsure how this may affect your business we urge you to contact one of our Growth Hub Navigators via 01793 698005. To make sure that the voices of our businesses are heard in Westminster, we need to hear from you.

Preparing your Business

Find out how you and your business should prepare for when we reach the end of the transitional period.

If the UK exits the EU without a deal, UK businesses will have to apply customs, excise and VAT procedures to goods traded with the EU, in broadly the same way that already applies for goods traded outside of the EU.

The trade that you carry out with the EU will broadly follow the customs controls that apply for the rest of the world. So, you will need to adapt your business to comply with these new systems, processes and controls.

Leaving the EU without a negotiated settlement is not the government’s preferred outcome, but it is essential that the UK is prepared for all possible eventualities on customs, VAT and excise arrangements.

New research by experts at the Centre for Economic Performance at the London School of Economics (LSE), King’s College London and the Institute for Fiscal Studies has modelled the economic and fiscal consequences of Brexit.

The trade that you carry out with the EU will broadly follow the customs controls that apply for the rest of the world. So you will need to adapt your business to comply with these new systems, processes and controls.

Businesses that trade with the EU will broadly follow the same customs controls as businesses trading with the rest of the world – so they will need to adapt their business to comply with these systems, processes and controls.